On Thursday, Northern Arc IPO garnered 2,37,72,46,503 bids against 2,37,75,719 shares on offer with an overall subscription of 110.68 times. Category-wise, qualified institutional buyers (QIBs) attracted the highest response and the group was subscribed 240.79 times, followed by the non-institutional investors (NIIs) portion which was booked 142.25x.
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